As the world struggles with divergent recovery paths from the pandemic, the IMF and World Bank once again failed to take the decisive action required during the Spring Meetings.
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United States
IFI governance
Analysis
Development Committee communiqué analysis - Spring 2021
Analysis of the IMF and World Bank Development Commitee communiqué published on 9 April from the 2021 World Bank and IMF virtual Spring Meetings.
IFI governance
Analysis
IMFC communiqué analysis – Spring Meetings 2021
Analysis of the IMFC communiqué published on 8 April from the 2021 World Bank and IMF virtual Spring Meetings.
Finance
Analysis
G20 communiqué analysis – Spring Meetings 2021
Analysis of the G20 communiqué published on 7 April from the 2021 World Bank and IMF virtual Spring Meetings.
Rights
Analysis
Tip of the iceberg: How the call for SDRs reveals the urgency for deeper reforms of the global reserve system to address systemic inequalities
Renewed calls for a substantial SDR allocation raise urgency of reforming the inequitable global reserve ‘non-system’.
Finance
Analysis
G20 debt proposal continues to favour creditors
New common framework for debt relief announced at G20 Leaders’ Summit maintains prominent role of IMF and fails to include World Bank debt relief.
IFI governance
Analysis
Biden, the Bank and IMF: A break with ‘America first’ or its continued pursuit through multilateral means?
The world awaits to see whether Trump’s defeat will result in the end of the 'America First' approach and a democratisation of the IMF and World Bank and the multilateral system.
IFI governance
Analysis
Annual Meetings 2020 Wrap Up: Bank and Fund struggle to implement sustainable recovery as private sector dashes hopes of debt relief progress
The rising power of the private sector has undermined debt justice and much-needed pandemic response capacity, while IFIs' calls for sustainable recovery at the Annual Meetings fall flat.
Other news
Social services
News
Malpass makes World Bank a pariah with opposition to TRIPS waiver
World Bank President comes out against temporarily waiving intellectual property rights on Covid-19 vaccines
Gender
Background
Building a feminist recovery for all: Gender transformative policies are more urgent than ever
Notes from the Civil Society Policy Forum session on 1 October.
IFI governance
News
Struggle for IFC accountability for Tata Mundra continues despite landmark immunity ruling
IFC continues to avoid responsibility for its investments in Tata Mundra coal power plant as US federal court rules that harmful acts took place outside the United States.
IFI governance
News
US blocks IMF voting rights redistribution
Fund’s 15th review of quotas delayed as US blocks redistribution of voting rights.
Accountability
News
Civil society urges US Congress to hold IFC accountable before approving capital increase
CSOs express concerns at congressional hearing about pending IFC capital increase.
Rights
News
World Bank China project raises 'crimes against humanity' concerns
Bank responds to allegations with investigation into whether its China lending could be going to internment camps.
Rights
News
IFC announces changes to environmental and social framework after loss of immunity in the US
IFC announces changes to environment and social safeguards after historic United States Supreme Court ruling.
Finance
News
Pakistan requests 13th IMF loan, amid US-China tensions
As Pakistan requests an IMF loan amid concerns about its debt sustainability, the IMF response is caught up in China-US tensions.
